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2014.07.2516:57:00UTC+00Fx Market Briefs

  • USDA sees food inflation falling back to 2-3% in 2015
  • Brazil's CB changes bank reserve requirements, measures aim to increase credit disbursements, official says stability in financial system allowed bank to carry out these measures, BCB official declines to answer if measures have impact on monetary policy
  • Mexico CB minutes say decision to hold rates at 3% unanimous, majority of members say slack persists in economy, majority of members said reaction to 50bp rate cut was positive, majority of members see inflation rising to near 4% in H2 '14 & end the year below 4%
  • US  Build Permits R Number MM Jun 0.973m, 0.963m-prev
  • US Build Permits R Chg MM Jun -3.2%, -4.2%-prev
  • US Durable Goods Jun 0.7%, f/c 0.5%, -1%-prev
  • US Durables Ex-Transport Jun 0..8%, f/c 0.6%, -0.1%-prev
  • US Durables Ex-Defense MM Jun 0.7%, f/c 0.6%, 0.2%-prev
  • US Nondefense Ex-Air Jun 1.4%, f/c 0.5%, -1.2%-prev
  • US ECRI Weekly Index w/e  135.80, 135.1-prev
  • US ECRI Weekly Annualized w/e 4.2%, 4.2%-prev
  • BR FGV Consumer Conf Jul 106.9%, 103.8-prev
  • BR Current Account Jun 3.345b, f/c -3.900b, -6.635b-prev
  • BR Foreign Direct Investm't Jun 3.924b, f/c 3.925b, 5.963b-prev
  • MX Trade Balance, $ Jun 0.424b, f/c1.116b, 0.132b-prev
  • MX Trade Balance SA Jun -0.404b, -0.461b-prev
  • Russian Sovereign/corporate bonds fall on fears of new US sanctions
  • Russian border security official says 40 Ukrainian mortar shells have fallen on Russian territory on Friday (RIA)
  • Russian foreign ministry says US supported coup in Kiev shares blame for bloodshed in Ukraine
  • More than 15,000 Russian troops amassed along border w/Ukraine (US Ambassador to NATO)

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